UK Energy Services: Market Forecast 2017-2022
Susan Clarke
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Executive Summary
The UK energy services market is very broad, incorporating a wide range of service lines – from simple energy audits to energy management propositions that cover multiple service lines. Verdantix forecasts that the UK energy services market, across six segments, will grow from £1.4 billion in 2017 to £1.5 billion by 2022, at a compound annual growth rate of 1.5%. Across the forecast period, the retail sector will continue to lead spending, reflecting a high engagement with the energy management agenda. The public sector will maintain investment levels through energy performance contracts as NHS trusts look to tackle challenges with backlogs in building maintenance. Our analysis finds that during the forecast period, the market will be shaped by softly growing energy prices, limited energy efficiency policies and mounting price pressure on commoditized services. This report helps energy services providers, partners and investors forecast revenue streams, define sales and marketing strategies, and budget accordingly.Forecasting The UK Energy Services Market
Energy Services Market Will See Lacklustre Growth Amidst Commoditisation And Price Pressure
Retailers And The Public Sector Will Contribute Most To Energy Services Spend In 2017
The UK Energy Services Market Will Grow To £1.5 Billion By 2022
Figure 2. The Customer Base Segmented Into Six Industry Super-Sectors
Figure 3. UK Energy Services Market By Segment 2017-2022 (£m)
Figure 4. UK Energy Services Spend By Industry Group 2017-2022 (£m)
Figure 5. 2017-2022 CAGRs For Energy Services Spending By Segment
Figure 6. 2017-2022 CAGRs For Energy Services Spending By Industry Group
About the Author
Susan Clarke
Research Director
Susan leads the Verdantix Smart Buildings practice. Her current research agenda focuses on software solutions for real estate management including integrated workplace managem...
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